Author: European Commission. Directorate-General for Economic and Financial AffairsPublisher:
ISBN:
Category : Convergence (Economics)
Languages : en
Pages : 110
Book Description
2006 Convergence Report on Lithuania
Author: European Commission. Directorate-General for Economic and Financial AffairsPublisher:
ISBN:
Category : Convergence (Economics)
Languages : en
Pages : 110
Book Description
2006 Convergence Report on Lithuania -- 2006 Convergence Report on Slovenia
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 83
Book Description
On 16 May 2006, the European Commission concluded that Slovenia has achieved a high degree of sustainable economic convergence with the other Member States and that it fulfils the necessary conditions to adopt the euro. On the basis of its Convergence Report, the Commission is proposing to the Council that Slovenia adopts the euro on 1 January 2007. The final decision will be taken by EU finance ministers in July, after consultation of the European Parliament, and following a discussion by the Heads of State or Government at their summit in June. In its so-called Convergence Report, the Commission assesses whether Slovenia has achieved a high degree of sustainable convergence, measured against the criteria set out in Article 121(1) regarding the government budgetary position, price stability, exchange rate stability and convergence of long-term interest rates. Compatibility of the legal framework with the Treaty is also examined. The ECB also issued a Convergence Report on the same day as envisaged by the Treaty. On 16 May 2006, the European Commission assessed, at the request of the Lithuanian authorities, whether Lithuania is ready to adopt the euro and concluded that, at the present stage, there should be no change in its status as an EU Member State with a derogation. In its so-called Convergence Report, the Commission assesses whether Lithuania has achieved a high degree of sustainable convergence, measured against the criteria set out in Article 121(1) regarding the government budgetary position, price stability, exchange rate stability and convergence of long-term interest rates. Compatibility of the legal framework with the Treaty is also examined. The ECB also issued a Convergence Report on the same day as envisaged by the Treaty.
Convergence Report
Author: Publisher:
ISBN: 9789279012020
Category : Convergence (Economics)
Languages : en
Pages : 161
Book Description
"On 5 December 2006, the Commission adopted the Convergence Report 2006, which re-assessed the conditions for adopting the euro in the Czech Republic, Estonia, Cyprus, Latvia, Hungary, Malta, Poland, Slovakia and Sweden. Such an assessment is required by the EC Treaty at least once every two years, or at the request of a Member State 'with a derogation', and has to be carried out by both the Commission and the European Central Bank. The ECB published its own report on the same day. This Convergence Report is the second "regular" report since the enlargement of the EU to 10 new Member States in May 2004. The first was adopted in October 2004, when none of the ten countries, nor Sweden, the other EU country 'with a derogation', met all the conditions, also known as the 'Maastricht criteria'. A specific convergence report, drawn up by the Commission in May 2006 in response to a request by Slovenia and Lithuania, concluded that Slovenia met all the conditions and could adopt the euro on 1 January 2007, while Lithuania retained its present status. The Council endorsed the Commission's assessments in July 2006. The 2006 Convergence Report shows that the nine countries assessed are making progress towards convergence, though at different paces. To be able to adopt the euro, a country must achieve a high degree of sustainable convergence regarding price stability, the budgetary position, exchange-rate stability and long-term interest rates, as well as ensuring that national legislation is compatible with the rules of the Treaty and the Statutes of the European System of Central Banks (ESCB) and the ECB."--Provided by publisher.
Reviewing European Union Accession
Author: Tom HashimotoPublisher: Martinus Nijhoff Publishers
ISBN: 9004352074
Category : Law
Languages : en
Pages : 348
Book Description
The year 2017 has been an uneasy one for the EU, with so-called Brexit on the horizon and the rise of populist euroskepticism in a number of Member States. This year, with the tenth anniversary of the Romanian and Bulgarian accession to the Union, is a good year to pause and reflect over the life and future of the Union. In this work, we envision the next decade with Europe 2020 strategy and review the fruits of the 2004 accession in Central and Eastern Europe. What has the Union achieved? Which policy areas are likely to change and how? How successful, and by what measure, has the accession of the 10 Member States in 2004 been? Reviewing European Union Accession addresses a wide range of issues, deliberately without any thematic constraints, in order to explore EU enlargement from a variety of perspectives, both scientific and geographical, internal and external. In contrast to the major works in this field, we highlight the interrelated, and often unexpected, nature of the integration process – hence the subtitle, unexpected results, spillover effects and externalities.
New Trends in Finance and Accounting
Author: David ProcházkaPublisher: Springer
ISBN: 3319495593
Category : Business & Economics
Languages : en
Pages : 823
Book Description
This book presents the most current trends in the field of finance and accounting from an international perspective. Featuring contributions presented at the 17th Annual Conference on Finance and Accounting at the University of Economics in Prague, this title provides a mix of research methods used to uncover the hidden consequences of accounting convergence in the private (IFRS) and public sectors (IPSAS). Topics covered include international taxation (from both the micro- and macroeconomic level), international investment, monetary economics, risk management, management accounting, auditing, investment capital, corporate finance and banking, among others. The global business environment shapes the international financial flows of finance and the demand for international harmonization of accounting. As such, the field of global finance and accounting has encountered some new challenges. For example, policy-makers and regulators are forced to restructure their tools to tackle with new features of trading at global capital markets and international investment. This book complements this global view of development with country-specific studies, focusing on emerging and transitioning economies, which are affected indirectly and in unforeseen ways. The combination of global perspective and local specifics makes this volume attractive and useful to academics, researchers, regulators and policy-makers in the field of finance and accounting.
European Economy
Author: The Last Shall Be the First: The East European Financial Crisis
Author: Anders ÅslundPublisher: Peterson Institute
ISBN: 0881326178
Category : Banks and banking
Languages : en
Pages : 137
Book Description
International Influence Beyond Conditionality
Author: Rachel A. EpsteinPublisher: Routledge
ISBN: 1317989872
Category : Political Science
Languages : en
Pages : 182
Book Description
The European Union’s (EU) membership conditionality has been perceived as a highly effective means of influence on non-member states in the run-up to the 2004 and 2007 enlargements. According to the incentive-based explanation that dominates the literature, conditionality has been particularly effective when the EU offered a credible membership incentive and when governments did not consider the domestic costs of compliance threatening to their hold on power. This volume challenges much of the existing work on EU enlargement and postcommunist transition, however, by testing the conditionality thesis in the post-accession setting. Whereas a conditionality hypothesis would predict deteriorating compliance among the newest member states, several contributions here actually find the opposite. Enduring compliance among postcommunist states with the acquis, as well as with less formally institutionalized EU preferences for economic liberalization and minority protection, calls into question the role that conditionality plays in eliciting conformity. Simultaneously, support for the conditionality hypothesis in areas such as political party development and EU relations with Turkey and the western Balkans suggests conditionality’s effects vary across countries and issues. As the first study to systematically examine the relationship between international institutions and postcommunist states after enlargement, this volume provides new insights into how external actors exercise their power in domestic politics. This book was published as a special issue of the Journal of European Public Policy.
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